Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.048%
Price spread now: Binance against Bitget−0.022%7-day average +0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1271.275% of the position
Funding, last 7 days+0.051%+$5 on $10k
+Price spread, last 2 days (all we have)+0.119%+$12 · spread now −0.022%, 7d avg +0.067%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.089% cheaper against Bitget than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.067%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GSUSDT | 959.31 | 0 | get 0.0000% / 8h | 4h 00m | $354K | $36K | 20x |
| Short | Binance GSUSDT | 959.10 | 0 | get 0.0000% / 8h | 4h 00m | $430K | $363K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.022% → +0.067%
- −$8.85
- Slippage, 4 orders
- −$105.48
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$136.33
- Costs to cover
- 1.275%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 50 min ago; Binance: live order book, 62 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 50 min ago | 12.41 bp | 18.5 bp −$19 | 23.8 bp −$238 | doesn't fit | doesn't fit |
| Sell Binance live order book, 62 min ago | 2.97 bp | 33.6 bp −$34 | 114.8 bp −$1,148 | doesn't fit | doesn't fit |
GS on 9 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX GSUSDC | −0.0030% | 4h | 958.92 | −0.040% | $26K | $244K | 10x | as long as short |
| Binance GSUSDTshort | 0.0000% | 8h | 959.10 | −0.022% | $430K | $363K | 20x | |
| Bybit GSUSDT | 0.0000% | 8h | 958.37 | −0.098% | $287K | $42K | 25x | as long as short |
| QFEX GS-USD | 0.0000% | 1h | 958.12 | −0.124% | $1.1M | $2.7M | 10x | as long as short |
| Gate GS_USDT | 0.0000% | 8h | 958.30 | −0.105% | $227K | $10K | 20x | as long as short |
| Bitget GSUSDTlong | 0.0000% | 8h | 959.31 | long leg | $354K | $36K | 20x | |
| GRVT GS_USDT_Perp | 0.0000% | 8h | 957.80 | −0.157% | $632 | $120K | 10x | as long as short |
| HTX GS-USDT | 0.0000% | 8h | 959.82 | +0.053% | $9K | $38K | 10x | as long as short |
| Injective GS/USDC PERP | +0.0220% | 1h | 974.63 | +1.597% | $11K | $39K | 12x | as long as short |
Bitget GSUSDT
Binance GSUSDT
edgeX GSUSDC
Bybit GSUSDT
Gate GS_USDT
GRVT GS_USDT_Perp
HTX GS-USDT
Injective GS/USDC PERP